# Finance Colombia   » Colombian Peso Hits Strongest Value Against Dollar Since November 2015 as Greenback Tumbles

> The Colombian peso strengthened to 2,812 per US dollar, its strongest level since November 2015, as the dollar fell sharply. The move followed comments by US Treasury Secretary Steven Mnuchin that a weaker dollar was good for trade.

- Date: 2018-01-24 · published 2018-01-24T12:00:00.000Z
- Category: macro · region Colombia · magnitude medium
- Page: https://feedsoft.ai/events/67262-finance-colombia-colombian-peso-hits-strongest-value-against-dollar-since
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger peso raises the local-currency cost of Colombian imports and the dollar's broad weakness supports dollar-denominated grain and meal prices, which tends to lift feed input costs for Colombian buyers.

## Read by commodity

- DXY: bearish ▼
- USDCOP: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-12-22 | [Euro (EUR USD) Hits Strongest Since August as Dollar Eases on US Rate Bets - Bloomberg](https://feedsoft.ai/events/32927-euro-eur-usd-hits-strongest-since-august-as-dollar-eases-on-us-rate-bets.md) | -0.8% | +1.5% |
| DXY | 2025-08-28 | [US Dollar: China Allows Faster USD/CNY Gains as Selling Pressure Hits Greenback \| Investing.com](https://feedsoft.ai/events/23544-us-dollar-china-allows-faster-usd-cny-gains-as-selling-pressure-hits-greenback.md) | +0.0% | -0.2% |
| DXY | 2023-03-30 | [Sterling set for biggest monthly gain vs dollar since November](https://feedsoft.ai/events/37118-sterling-set-for-biggest-monthly-gain-vs-dollar-since-november.md) | -0.4% | -0.3% |
| DXY | 2025-06-26 | [Aussie highest since November as USD tumbles on Fed speculation](https://feedsoft.ai/events/24497-aussie-highest-since-november-as-usd-tumbles-on-fed-speculation.md) | -0.9% | -0.6% |
| DXY | 2025-06-26 | [Canadian dollar notches biggest gain in one month as greenback slides](https://feedsoft.ai/events/24452-canadian-dollar-notches-biggest-gain-in-one-month-as-greenback-slides.md) | -0.9% | -0.6% |

## Sources

- financecolombia.com: https://www.financecolombia.com/colombian-peso-hits-strongest-value-dollar-since-november-2015-greenback-slump/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.